PT. AKR Corporindo, Tbk

AKR Corporindo Tbk received the BPH Migas Award 2022 For category of Compliance with Provision on Fuel Operational Reserves

January 02, 2023

JAKARTA, 2 January 2023 – PT AKR Corporindo (IDX stock code: AKRA.IJ) received with honor the BPH Migas 2022 award in the category of Compliance with Provision on Fuel Operational Reserves on December 16, 2022. This award is an appreciation for AKR's commitment in supporting downstream oil and gas policies and activities for Country’s development.

BPH Migas Award 2022 – PT AKR Corporindo Tbk
Category of Compliance with Provision on Fuel Operational Reserves

BPH Migas award has been held since 2019. The award for 2022 was held in a prestigious event at Grand Ballroom of The Westin Hotel as a ceremonial series of the BPH Migas 20th anniversary. Minister of Energy and Mineral Resources - Mr. Arifin Tasrif and Head of BPH Migas - Mrs. Erika Retnowati expressed their appreciation and expectations for the stakeholders’ support and cooperation in actualizing energy security and sovereignty in Indonesia.

On this occasion, Mr. Johnny Sutanto - Head of Petroleum Division and Mrs. Termurti Tiban - Finance Director AKR attended representing the Company. Mrs. Ter stated, “It is an honor for AKR has been trusted as partner of BPH Migas in maintaining fuel supply in Indonesia. The BPH Migas award 2022 gives high appreciation for AKR and management and becomes motivation in maintaining operational continuity also improving efficiency of the energy supply chain logistics that we have.”

PT AKR Corporindo Tbk has became the leading private sector distributor of Petroleum products to industrial customers since 2005, also AKR has been appointed by BPH Migas since 2010 to distribute subsidized fuel across the major islands. AKR has extensive logistics network ports and tank terminals spread across 17 locations with total storage of 818 million liter which enables AKR to ensure timely and assured supplies to industrial customers. AKR’s logistic supply chain infrastructure comprises tank storage, vessels, trucks, warehousing, petrol stations and supported by real-time based IT technology. 

Corporate Secretary
PT AKR Corporindo Tbk